Penthouse · 2,912 sqftCayan Tower, Dubai Marina · 59th floor · completed 2013

5901, Cayan Tower

Sold prices and rental history: sold 3 times, last in August 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5901 · DLD and Ejari recordsUpdated 25 August 2014
Last soldAED 2.78M25 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5901, Cayan Tower

What is 5901 worth today?

Last sold for AED 2,775,000 in 2014

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25 Aug 2014SoldReady
AED 2,775,000AED 952 per sqft
17 Sep 2013SoldOff-plan
AED 2,775,000AED 952 per sqft
10 Apr 2012Sold by developerOff-plan
AED 2,865,000AED 983 per sqft

Source: Dubai Land Department. Updated 25 August 2014.

Key facts

Type
Penthouse apartment
Size
2,912 sqft
Floor
59th of 73
Parking
P5-580 , P5-581
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 62,400 /yr
Last sold
AED 2.78M · August 2014
Building
Cayan Tower

About 5901, Cayan Tower

5901 is a penthouse of 2,912 sqft on the 59th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 25 August 2014 for AED 2,775,000, or AED 952 per sqft, 33% below the AED 1,428 penthouses in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5901 over time

Sales
Unit 5901, each saleTypical penthouse in Cayan Tower
2.5M5M7.5M2009201420192024Typical sale price by year: 2009 AED 4,139,640; 2011 AED 3,162,149; 2012 AED 2,898,568; 2013 AED 3,162,149; 2014 AED 4,505,900; 2015 AED 4,768,500; 2016 AED 3,150,000; 2017 AED 3,150,000; 2018 AED 2,209,435; 2021 AED 3,200,000; 2022 AED 3,175,000; 2023 AED 4,300,000; 2024 AED 5,150,000; 2025 AED 6,775,000; 2026 AED 6,337,500Sold by developer, April 2012: AED 2,865,000 (AED 983 per sqft)Sold, September 2013: AED 2,775,000 (AED 952 per sqft)Sold, August 2014: AED 2,775,000 (AED 952 per sqft)

5901 has sold 3 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit 5901, each contractTypical penthouse in Cayan Tower
200K300K2013201720212025Typical rent by year: 2013 AED 210,000; 2014 AED 220,000; 2015 AED 280,000; 2016 AED 250,000; 2017 AED 253,318; 2018 AED 227,000; 2019 AED 195,630; 2020 AED 145,000; 2021 AED 178,000; 2022 AED 180,000; 2023 AED 230,000; 2024 AED 225,000; 2025 AED 220,838; 2026 AED 200,000

Annual rent on each registered contract; the dashed line is the penthouse median of each year in the building.

Penthouses in Cayan Tower, and where 5901 sits

All 73 penthouses →

5901 last sold in August 2014 at AED 952 per sqft, 33% below what penthouses in Cayan Tower were fetching at the time (AED 1,428). Over the last 12 months penthouses sold for AED 2,300,000 to 14,000,000, around AED 2,083 per sqft, and rent for AED 95,000 to 485,000 a year.

Recent penthouse salesUnit no.Price (AED)Summary
2 Oct 20269,910,523
11 Aug 20263,300,000
24 Jun 20265,875,000
10 Mar 20266,800,000
6 penthouse sales in the last 12 months

Cayan Tower

Building

495 apartments, studios to 3-bed over 73 floors in Dubai Marina, completed in 2013 by Cayan Real Estate Investment & Development. 37 sold in the last 12 months.

Typical price per sqft
AED 2,097 Up 3.7%
Typical sale
AED 2.5M
Typical rent
AED 139K /yr
Typical yield
5.9%
Cayan Tower, Dubai Marina: prices, sales and rents →

Other units on the 59th floor

All 495 units in Cayan Tower
Value
5902PenthouseAED 2.23M · Jun 2018
5903PenthouseAED 2.2M · Dec 2014
5904PenthouseAED 2.19M · Jun 2018
5905PenthouseAED 3.25M · Apr 2021
5906PenthouseAED 4.8M · Sep 2022
5907PenthouseAED 3.65M · Mar 2024
5908PenthouseAED 2.55M · Aug 2014
1–7 of 9

5901, Cayan Tower in numbers

  • Sold 3 times: first on 10 April 2012 for AED 2,865,000, last on 25 August 2014 for AED 2,775,000 (AED 952 per sqft).
  • Penthouses in Cayan Tower sold for AED 2,300,000–14,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,097 per sqft.

Source: Dubai Land Department. Updated 25 August 2014.

Questions about 5901, Cayan Tower

What did unit 5901 last sell for?

AED 2,775,000 on 25 August 2014: AED 952 per sqft for 2,912 sqft. The unit has 3 registered sales; the first was AED 2,865,000 in April 2012.

How big is unit 5901?

2,912 sqft (270.5 sqm): a penthouse on the 59th floor of a 73-storey tower completed in 2013.

What is unit 5901 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Penthouses in Cayan Tower sold for AED 2,300,000 to 14,000,000 in the last 12 months, around AED 2,083 per sqft.

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Mortgage on 5901, Cayan Tower

Starts from the last sale price (AED 2.78M, 25 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,775,000
Deposit, UAE resident (20%)
AED 555,000
Deposit, non-resident (40%)
AED 1,110,000
Monthly over 25 years at 3.7%
AED 11,353

Plus AED 121,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →